Elon tweet again that he is supporting Crypto against Fiat

[bison]

I don't know how long this phenomenon will be over, people are too concerned with what Elon is doing, we should be able to stop to care about what Elon tweeted, and focus more on each other's research. If this condition persists for a long time, it is likely that the crypto market will be completely manipulated by Elon and we will get caught in it.

[yazher]

we all know elon musk is a big fan of cryptocurrency and very influential person in history by his tweets it put much significance to other people to believe which it can contribute to price speculations and may affect the market value that sometimes leads to drastically dropping down.

His tweets are now taken as an investment opportunity every time he tweet about something related to crypto. Because of its popularity among the investors, that guys seems enjoying it by changing his opinion from time to time. Everyone should be careful and they need to consider to think twice beforw believing what's Elon Musk opinion regarding certain coin.

[raes]

we all know elon musk is a big fan of cryptocurrency and very influential person in history by his tweets it put much significance to other people to believe which it can contribute to price speculations and may affect the market value that sometimes leads to drastically dropping down.

His tweets are now taken as an investment opportunity every time he tweet about something related to crypto. Because of its popularity among the investors, that guys seems enjoying it by changing his opinion from time to time. Everyone should be careful and they need to consider to think twice beforw believing what's Elon Musk opinion regarding certain coin.

you are right, we have to consider everything that people like Elon say.
they do support crypto by buying some of the crypto assets that they make popular. but it looks like they can also manipulate the market just by their tweets on social media.

[Golftech]

We have so many of us here that are here for profit and they follow influencers blindly, unfortunately, the big influencers we have right now have created FUDS on Bitcoin, and it created damage to the market, the moment we stopped listening to influencers like Elon Musk the better we are and the market will improve, so far there's not much improvement in the market, it's still dipping.

I like that comment, the more we don't care about them the better this market will proceed, what happened

to the market now showed that big names like Musk who created fuds really move the market, we should all

liable with our action best to deal with your decision according to your understanding.

[Japinat]

Leaving crypto but wanted to fight against fiat currency? Honestly, he makes himself funny. hahaha...

it looks like He doesn't give up yet in crypto until such a time that he won.
What he is trying to say that he is not yet convinced of the results he made in the past days, all he might want that all crypto enthusiasts will follow him.

His tweets find so ridiculous and I don't know if there is a person who believes him.

[iTradeChips]

I think that Elon Musk can tweet anything he would want to tweet on Twitter that would greatly put his interests to the consciousness of the people. He might think that his followers might be able to follow anything he says on the internet. But in all honesty, people needs to stop putting so much importance in his tweets, for it does not really have anything of value that will contribute to the cryptocurrency market. It will cause hype, and that hype will only fuel his motives of high profit at the expense of the weak hands.

[Atang Sulaeman]

whatever elon musk tweeted is certain based on his own wishes we just need to anticipate it if it does support altcoins hopefully increase over time, because altcoins and fiat have a difference where altcoins have an up and down price while fiat has a price that lasts. And surely Elon Musk supports the price that continues to rise because it is definitely beneficial for him personally and for other altcoin users.

[SquallLeonhart]

Leaving crypto but wanted to fight against fiat currency? Honestly, he makes himself funny. hahaha...

it looks like He doesn't give up yet in crypto until such a time that he won.
What he is trying to say that he is not yet convinced of the results he made in the past days, all he might want that all crypto enthusiasts will follow him.

His tweets find so ridiculous and I don't know if there is a person who believes him.

Dude just realized that he is no longer liked as much as he used to and that is why he is trying to backtrack on what he said himself. Obviously he doesn't care about crypto, not about doge, not about bitcoin, he doesn't care about any coin at all. He just tweeted about doge once upon a time and he saw superb amount of attention and got showered with love, he also saw he increased the price of it and helped a lot of people make money, so he was like king so he liked that feeling and that's it.

So, what did he do? He ended up going with it and act as if he cares. Then when he said something about being more green then price dropped and of course he is back tracking without talking about environment but nobody will buy that anymore, dude is just straight up god complex individual that nobody should care about. Hopefully his manipulation days are over.

[devollito]

Here we go again after his tweet that contribute to the market dip he is at it again and now he is tweeting

Musk Tweets He Supports Crypto in Battle Against Fiat Currencies

The true battle is between fiat & crypto. On balance, I support the latter.

Do you think he is trying to rally the market after the dip and will this stop the continuous drop in the market.

There is three possibilities on that tweet :
1. Elon realy trust bitcoin and he also want to make change how economic global work. He also does not trust fiat anymore and he choose to stand on cryptocurrencies side.
2. He tell every one " Dont attack me and doge supporter holder, because i still on your side. So dont make doge suffer again ".
3. He told people the truth what will happen in his prediction.

[Sanitough]

He is trying but he knows it will not help the market to rise.

The price now has dipped again, bitcoin is going down and it could possibly touch below $30k this time.
We see the struggle, bitcoin after its dump will recover a bit but it will fail to break the huge resistance, which clearly tells that the market is not bullish anymore.

Elon could not do good but all negative now.

[Toshko]

There is no bad PR. Elon Musk willingly or not, has succeeded in promoting the industry and this is a good thing - long term. Short term though, it looks horrible. There is no need to hate him.

[Johnyz]

He is trying but he knows it will not help the market to rise.

The price now has dipped again, bitcoin is going down and it could possibly touch below $30k this time.
We see the struggle, bitcoin after its dump will recover a bit but it will fail to break the huge resistance, which clearly tells that the market is not bullish anymore.

Elon could not do good but all negative now.

He started this one and now, better to deal with it. Even if he tweets more about bitcoin if he is not buying again then its useless because he's not the only whales playing in the market, he can't totally influence the market. I don't follow this guy tweets anymore, because I know its about time to get serious and I already have a good time joining his hype on DOGE. I have to be more careful on my money now and convert it into a more stable coin, I'm waiting for the dip now.

[leea-1334]

There is no bad PR. Elon Musk willingly or not, has succeeded in promoting the industry and this is a good thing - long term. Short term though, it looks horrible. There is no need to hate him.

There is a saying in Pr world that there is no such thing as bad news and people like Elon probably have experts telling this to him. As long as people share his name and discuss,,, he has done his job and put his name out there.

Promoting industry good long term? Doge hype good long term? Do not know about that but for sure,,, no need to be hating:)

[aditasetia123]

Haha，i think Elon Musk he wants the Bull back, but sadly, the Big Bull is going further and further now. Look what i saw, i saw the Bear is waving and closing to me.
Let me guess, he was trapped in the crypto market, too.

he get karma now,. when elon againts crypto market with his tweet today i am sure he loss much money now. and market response unpredictable with his hope. elon now trying to use his tweet power to drive bitcoin price again and even he hs meetup with one of big miner company to support it back. bearish market now running and we will see btc price under 28k

[Cling18]

We should expect that Elon Musk is doing the same thing again for his benefit. It isn't right to believe in anything that he says anymore because he's obviously trying to manipulate the market using his influence. There are better indicators or we can do it ourselves rather than basing things on his tweets.

[tvplus006]

Looks like current dip is so strong, that tweets by "cryptocurrency manipulators" does not work anymore. Or he was never a manipulators, he was just an another figure on the field. As another proof - Elon Musk made another dogecoin related tweet and nothing happened. Miracle.
Elon was a nice market influencer "one day, but then he took an arrow to the knee". Looks like it is done with him. People no longer trust him, and the market will recover only when new "McAfee/Musk" appears.

I watch Elon Musk tweets and see that he has already created 2 tweets about Starbase, in which only an image with the inscription was presented. But his followers took these tweets as a signal to buy, which increased the value of the coin with the same name thousands of times. So Musk tweets continue to work and create a hype around the Starbase.

[jaberwock]

He is trying but he knows it will not help the market to rise.

The price now has dipped again, bitcoin is going down and it could possibly touch below $30k this time.
We see the struggle, bitcoin after its dump will recover a bit but it will fail to break the huge resistance, which clearly tells that the market is not bullish anymore.

Elon could not do good but all negative now.

He started this one and now, better to deal with it. Even if he tweets more about bitcoin if he is not buying again then its useless because he's not the only whales playing in the market, he can't totally influence the market. I don't follow this guy tweets anymore, because I know its about time to get serious and I already have a good time joining his hype on DOGE. I have to be more careful on my money now and convert it into a more stable coin, I'm waiting for the dip now.

That's the problem, he had a big power when its going up so he was helping it go up, but when its going down he was the cause when its going down, which is why people stopped caring about him at that point but that's when the price is low. It would be awesome if people could care about what he says once more and then end up not caring about him when its high. Like yeah people do not get manipulated by him that easily now, but why did they do it when its going down, one tweet and he crashed the market.

From now on only way Elon could recover the faith in him in the crypto world would be him getting billions and billions of dollars worth of bitcoin, or maybe convince his rich friends and jointly do that, somehow buy it and make it go up, he personally has to do that because people will not care about him. If he starts it, market will help him get it higher.

[Woodie]

After a long time, a tweet which could see crypto bullish  but I thought  he took the advice of investors  that insisted  that he stops  these tweeting habits about crypto as his seen to do more damage than Market maker's  trying to manipulate the market.

There is no bad PR. Elon Musk willingly or not, has succeeded in promoting the industry and this is a good thing - long term. Short term though, it looks horrible. There is no need to hate him.

True, No bad pr  but I see him to be the main beneficiary in all this and I think his had better success tapping into the world of crypto  to benefit his business.

[tabas]

He's trying to put himself again in the line and I think it's getting too much attention if we're always going to talk about every single tweet that he does.

We should expect that Elon Musk is doing the same thing again for his benefit. It isn't right to believe in anything that he says anymore because he's obviously trying to manipulate the market using his influence. There are better indicators or we can do it ourselves rather than basing things on his tweets.

Exactly, he's doing things for his own benefit.

[herurist]

don't deify elon too much as if his twitt can change everything. at least you have to put aside twitt elon first and do what you want to do. don't be too focused on that person, because he can only drive to the pump so don't be too focused on him. but if you want to follow the fomo, please, there is no ban for that either